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Cray (NASDAQ:CRAY): Closing price $21.50

Cray has signed a contract with the Swiss National Supercomputing Centre through which to upgrade and expand its Cray XC30 supercomputer. This contract is valued in excess of $32 million, and the upgraded system should be operational in 2014. Shares closed up 2.87 percent on Tuesday at $21.50, and have been traded in a 52-week range of $6.55 to $21.09.

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